submitted by /u/JamesGatz_thehomie
Jihoz from Axie Infinity here! wanted to post this write-up I did on gaming X defi!
DeFi X Axie Infinity: Play to Earn is Evolving
With the evolution and maturation of blockchain games there’s been a lot of interest around the idea of “play to earn”.
However, until recently, earning mechanisms in Blockchain games have relied too much on collectible models where scarce, limited assets increase in value as a community grows and demand increases. This is more of a “buy and wait” model rather than “play to earn.” Players have had some ability to influence the direction of their investments by evangelizing, creating content, and creating positive environments in the community. This was already an improvement on traditional gaming ecosystems but still not a clear case of play to earn.
The Axie ecosystem was able to maintain a price floor for Axies that was always above the cost of breeding. We did this by adding additional requirements to breed so that players couldn’t simply spam breed Axies (we saw the negative effects of this as early members of the CryptoKitty community). Having the Axie floor > breeding fee was an early iteration of play to earn but we wanted something more compelling.
The Axie Community Alpha introduced our next “play to earn” mechanic through two simultaneous changes.
There was no pre-mine so the players are fully in control of the SLP economy.
We immediately began to see interesting behaviors develop.
While still early, this development has some important implications for Axie Infinity, NFT games, and Defi.
The Future of “Play to Earn”
The SLP experiment has been a fun, early experiment in play to earn mechanics. This year we want to take things a step further by:
Getting Started With Axie
Now is a great time to begin your Axie adventure!
Check out the guides below to get started!
New to Crypto? Read this to start playing!
Already have Axies and ETH? Read this game mechanics & earning guide!
Axie Infinity Discord — Want to start playing but not sure where to start? Join our Discord, our community will answer any questions you have!
Axie Infinity Twitter — Our DM’s are always open :)